Your company likely handles sensitive information that should be secured from unauthorized users. In the event of a breach in control, it could lead to a devastating loss of these valuable assets. The fundamental concept behind access control is to operate as a cautious gatekeeper setting the conditions under that people are allowed to handle sensitive material. However, as organizations evolve and change, the initial methods for handling data might not be the best or acceptable. This could lead to sensitive information being released to unauthorised users, either within or outside the organization.
Inadequate controls can cause the loss of first-party information, including employee and customer details. A breach of this kind could expose your organization’s data to expensive regulatory penalties such as fines, lawsuits, or fines. It could also hurt your customers’ and clients’ trust.
The management of access is an administrative as well as a technical process. Getting secured access to confidential information requires the proper balance of policies, processes and technologies. These are vital to ensure your organization adheres to standards and regulations in the industry as well as maintains its agility and retains the trust of its clients and customers.
For instance, you must ensure that your physical security protocols are in place. This requires employees to keep documents, thumb drives and backups of personal information in locked cabinets, and to notify security personnel of any visitors to your premises. It’s also essential to establish the correct “need to know” for all access, which requires employees to use two-factor authentication and passwords, and regularly review their privilege list and promptly revoke access rights once they’re no more required, and also encrypt data to shield it from tampering or reading.